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Royal Decree

Royal Decree 46/2010 Approving the Assignment by Reliance Industries Ltd of 30% of Its Rights and Obligations in the Petroleum Agreement Signed on 12 March 2005 to Oman Oil Company for Exploration and Production LLC

2010/46 46/2010

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State promulgated by Royal Decree 101/96,

the Oil and Minerals Law promulgated by Royal Decree 42/74,

Royal Decree 38/2005 Approving the Petroleum Agreement between the Government of the Sultanate of Oman and Reliance Industries Ltd,

and the collection of documents by which Reliance Industries Ltd assigned part of its rights and obligations in the petroleum agreement signed on 12 March 2005 to Oman Oil Company for Exploration and Production LLC, which accepts this assignment,

and in pursuance of public interest,

have decreed as follows

Article I

The assignment by Reliance Industries Ltd of 30% of its rights and obligations in the petroleum agreement signed on 12 March 2005 to Oman Oil Company for Exploration and Production LLC is hereby approved.

Article II

This decree must be published in the Official Gazette, and comes into force on the date of its issuance.

Issued on: 13 Jumada Al-Awwal 1431
Corresponding to:
28 April 2010

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 910 issued on 1 May 2010.